4/A: HubSpot Director Jay Simons Amends SEC Filings to Correct Stock Option Prices
SEC Filing Amendment
Jay Simons, a director at HubSpot, filed amendments to previous SEC Form 4 filings to correct the reported prices of stock options.
Summary
- Jay Simons, a director at HubSpot, filed Form 4/A amendments to correct the prices of stock options reported in previous Form 4 filings.
- The amendments address filings from June 18, 2020, June 7, 2021, and June 7, 2023.
- The corrected filings relate to stock options granted on June 17, 2020, June 3, 2021, and June 5, 2023.
- The stock options vested in full on the one-year anniversary of the grant date or immediately prior to the company's annual meeting of stockholders in subsequent years.
Sentiment
Score: 7
Explanation: The document is a routine correction of previously filed information, indicating standard corporate governance practices. There is no indication of positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and 10% owners) to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The correction of information ensures transparency for shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/17/2020 | Date of earliest transaction; stock option grant with exercise price of $212.61, vesting on 06/03/2021. |
| 06/18/2020 | Date of original Form 4 filing that was amended. |
| 06/03/2021 | Stock option granted with exercise price of $472.71, vesting on 06/03/2022. |
| 06/05/2023 | Stock option granted with exercise price of $528.59, vesting on 06/05/2024. |
| 08/19/2024 | Date of the Form 4/A amendment filing. |
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